Critical Reasoning (CR) | Governor: After several years of large gains, our states housing mark

Fun little question. I get it. I know answer choice (B) can be tempting. Let's get into this. No question like this on the gmatknight blog currently but it's an interesting one that a mathematical POV may be helpfulwith. 

Governor: After several years of large gains, our state’s housing market is posting smaller gains this year. Other areas of our economy grew slightly this year, but no more than in recent years. Thus, given these sources of tax revenue, this year’s overall tax revenue is likely to be higher than last year’s. Nevertheless, I am pessimistic about our ability to meet the financial obligations detailed in this year’s budget.

Which of the following, if true, most helps to explain the governor’spessimism?

Basically, we're looking for why the governor doesn't think financial obligations are going to be met thisyear.

A. Several items in the state’s budget for this year are required by law to be funded from sources other than tax revenue collected
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Statistics : Posted by GmatKnightTutor • on 09 Mar 2024, 09:44 • Replies 3 • Views 226

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